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Bitcoin’s (BTC) Friday Tumble gets a look at Citigroup

A wave of geared long liquidations has exposed Bitcoin’s BTC$111.066.60 Equity sensitivity according to Wall Street Bank Citigroup. The bank said that worsening of merchant tensions in US-China triggered a sharp futures sale on Friday that spilled in crypto, emphasizing its volatility and connection with shares. Both crypto and stock markets have since itched some

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WisdomTree launches physically backed up ETP in Europe

WisDomtree has launched a physically backed -up exchange -traded product tied to the stars’ lumen (XLM) across several European venues, which sets the management cost rate of 0.50%, according to a press release that the active manager shared with Coindesk on Tuesday. The product is called the WisHomtree Physical Stellar Lumens ETP, and gives exposure

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Was $ 500B Value Destruction just a Blip ?: Crypto DayBook Americas: Crypto DayBook Americas

By Francisco Rodrigues (all times one unless otherwise stated) The Crypto market staged a fragile improvement after a violent flash accident on Friday deleted more than $ 500 billion in value and forced nearly $ 20 billion in liquidation across derivatives platforms. Bitcoin fell as much as 13% in one hour and bonded nearly $

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Blackrocks Ibit bends the trend with continued influx despite weak BTC preaching

US Spot Bitcoin Exchange-Traded Funds (ETFS) recorded their largest combined daily outflow since September 26, Monday, with $ 326.4 million leaving the market, according to Farside Data. However, Blackrock’s Ishares Bitcoin Trust (IBIT) bent, the largest spot of Bitcoin ETF after assets on the market, the wider trend by continuing to see influxes. Over the

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Eth, DODE, XRP drop 6%as China hits the US tariffs in fresh trade war fear

Bitcoin fell under $ 112,000 during trading Tuesday afternoon Hong Kong time when China’s retaliatory measures sent a fresh wave of risk mood across global markets. Bloomberg reported earlier Tuesday that China sanctioned US units of South Korean shipbuilder Hanwha Ocean in a step that resumed fears that the trade conflict with Washington could spiral,

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Traders Eye diagram patterns from 2020 and 2024 in Bullish prediction

Bitcoin and Ether dealers remain in waiting-and-SE mode, after last week’s Customs Schock dried out nearly $ 20 billion in geared positions over the weekend, taking confidence and risk-on mood among a majority of market participants. The market’s mood has since changed from panic to fragile optimism as both Washington and Beijing tinted their rhetoric

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